New Issue: Blackhawk completes $155,764 tranche of $5 million shares sale

By Devika Patel

Knoxville, Tenn., Feb. 28 - Blackhawk Capital Group BDC, Inc. said it raised another $155,764 in a $5 million private placement of common stock that priced Dec. 3. The company so far has taken in $698,112.

The shares in the regulation E offering are priced at $1.00 each. Richard J. Kelly purchased 286,426 shares.

Kelly also is the agent.

Blackhawk is a New York-based business development company.

Issuer:	Blackhawk Capital Group BDC, Inc.
Issue:	Stock
Amount:	$5 million
Shares:	5 million
Price:	$1.00
Warrants:	No
Agent:	Richard J. Kelly
Investor:	Richard J. Kelly (for $286,426)
Pricing date:	Dec. 3
Settlement date:	Feb. 12 (for $392,348), Feb. 13 (for $150,000), Feb. 28 (for $155,764)
Stock symbol:	OTCBB: BHCG
Stock price:	$0.17 at close Nov. 29 (last trade)

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